Positions | Today | Yesterday | Change |
---|---|---|---|
Longs | 36% | 39% | -6.3% |
Shorts | 64% | 62% | 3.6% |
Indicator | 4H | 1D | 1W |
MACD(12;26;9) | Buy | Buy | Buy |
RSI(14) | Neutral | Neutral | Sell |
Stochastic(5;3;3) | Neutral | Neutral | Sell |
Alligator(13;8;5) | Buy | Buy | Buy |
SAR(0.02;0.2) | Buy | Buy | Buy |
Aggregate | ⇗ | ⇗ | ⇒ |
Yesterday, the XAU/USD exchange rate tested the resistance area at 1,785.00/1,790.00. During Tuesday morning, the rate was testing the support formed by the 55– and 100-hour SMAs near 1,777.00.
If the given support holds, it is likely that a reversal north could occur, and yellow metal could re-test the predetermined resistance area.
Meanwhile, it is unlikely that some downside potential could prevail in the market, as the rate could gain support from the 200-hour SMA near 1,773.00.